Stena Line has entered an agreement to acquire 49 per cent of the shares in Morocco-based ferry company Africa Morocco Link (AML). AML is headquartered in Tangier and operates a ferry route between Tanger Med and Algeciras. This summer, the company will also launch a new high-speed route between...
Strait of Gibraltar
OPINION | The Red Sea crisis, food insecurity and conflict
The Yemeni Houthi rebels’ continued attacks on shipping in the Red Sea serve as a reminder that global supply chains remain highly vulnerable to disruption. Moreover, it highlights how food insecurity can simultaneously be an effect and cause of conflict. To address this, the international...
Boluda Towage acquires Gibraltar tug operator
Boluda Towage Europe has confirmed its acquisition of the towage and salvage company Resolve Salvage and Fire (Gibraltar). The company is owned by Florida-based the Resolve Marine Group. In addition to providing towing and salvage services, it also specialises in engineering and maintenance...
DFDS January volumes: good start to the year
Ferry – freight Ferry – passenger…
https://ferryshippingnews.com/dfds-january-volumes-good-start-to-the-year/
DFDS Q4 interim & full-year report: solid result for 2023
Q4 2023 OUTLOOK 2024 “We’re pleased to deliver a solid result for 2023 despite challenging freight markets. Our ferry and logistics network has been expanded significantly, and in 2024 we will focus on unlocking value as we start executing on our new strategic and financial ambitions,” says Torben...
https://ferryshippingnews.com/dfds-q4-interim-full-year-report-solid-result-for-2023/
DFDS expands to Strait of Gibraltar
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DFDS has today entered into an agreement to acquire FRS Iberia/Maroc, a division of the German short-sea ferry company FRS GmbH & Co. KG. FRS Iberia/Maroc operates three short-sea … |
https://maritime-professionals.com/dfds-expands-to-strait-of-gibraltar/
DFDS acquires Strait of Gibraltar ferry operator
Danish shipping line DFDS has entered into an agreement to acquire FRS Iberia/Maroc, a Spanish division of German short-sea ferry company FRS. The acquisition of FRS Iberia/Maroc expands DFDS’ Mediterranean route network through the addition of three short-sea ferry routes across the Strait of...
Peninsula starts supplying biofuels in the Strait of Gibraltar
Marine fuel supplier Peninsula is commencing the supply of biofuels at its hub ports […]
The post Peninsula starts supplying biofuels in the Strait of Gibraltar appeared first on Offshore Energy.
https://www.offshore-energy.biz/peninsula-starts-supplying-biofuels-in-the-strait-of-gibraltar/
CMA CGM Builds Med Terminal Footprint
CMA CGM Group builds up its terminal footprint position in the Mediterranean through an equity stake in the TTIA container terminal in Algeciras, says a press release published on their website.
TTIA port terminalThe CMA CGM Group announced that its CMA Terminals subsidiary has acquired a 50% interest minus one share in Spain’s Total Terminal International Algeciras (TTIA) port terminal.
Strategic investmentThis is a strategic investment strengthening the Group’s positions in the Strait of...